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McEwen Inc. Director's Dealing 2025

Dec 23, 2025

32310_dirs_2025-12-23_5ca61608-8ab0-4e99-8836-9023b0cc81f4.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: McEwen Inc. (MUX)
CIK: 0000314203
Period of Report: 2025-12-20

Reporting Person: Ing Perry (Chief Financial Officer)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2025-12-20 Common Stock M 2203 Acquired 44272 Direct
2025-12-20 Common Stock M 1083 Acquired 45355 Direct
2025-12-20 Common Stock M 867 Acquired 46222 Direct
2025-12-20 Common Stock M 372 Acquired 46594 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2025-12-20 Restricted Stock Units $ M 4740 Disposed Common Stock (4740) Direct
2025-12-20 Restricted Stock Units $ M 2330 Disposed Common Stock (2330) Direct
2025-12-20 Restricted Stock Units $ M 1866 Disposed Common Stock (1866) Direct
2025-12-20 Restricted Stock Units $ M 800 Disposed Common Stock (800) Direct

Footnotes

F1: Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock, or the cash value thereof as set forth in the award agreement, in the discretion of the Issuer's Compensation, Nominating & Corporate Governance Committee.

F2: The restricted stock units were granted on June 29, 2025 and vested as to 4,740 shares on December 20, 2025, of which 2,537 shares settled for cash. The restricted stock units will vest as to the remaining shares on June 29, 2026.

F3: The restricted stock units were granted on November 10, 2025 and vested as to 2,330 shares on December 20, 2025, of which 1,247 shares settled for cash. The restricted stock units will vest as to the remaining shares in two equal installments on each of June 29, 2026 and December 20, 2026.

F4: The restricted stock units were granted on August 11, 2025. Subsequently, the vesting schedule of the restricted stock units was amended to accelerate the second vesting event from December 28, 2025 to December 20, 2025. Accordingly, the restricted stock units vested as to 1,866 shares on December 20, 2025, of which 999 shares settled for cash. The restricted stock units will vest as to the remaining shares on June 28, 2026.

F5: The restricted stock units were granted on September 8, 2025. Subsequently, the vesting schedule of the restricted stock units was amended to accelerate the second vesting event from December 28, 2025 to December 20, 2025. Accordingly, the restricted stock units vested as to 800 shares on December 20, 2025, of which 428 shares settled for cash. The restricted stock units will vest as to the remaining shares on June 28, 2026.